Ex-Novastar partner Niraj Varia takes on new challenge as CEO of Kenyan agtech iProcure

Niraj Varia spent the last eight years at Novastar Ventures, a global VC with hubs in Nairobi, Lagos and London, having joined it at inception and rising through the ranks to become partner. Under his watch, the firm invested in numerous tech-enabled startups in Africa’s sub-Saharan region, and, more recently, led efforts to help the firm manage multiple funds.
It is this business-development experience that he brings to Kenyan agtech scaleup, iProcure, which is part of Novastar’s portfolio, and which he joins as CEO, taking over from co-founder Stefano Carcoforo. Carcoforo, who with Varia’s a

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